THE Philippine financial system’s resources totaled P38.3 trillion in the first half of the year, latest Bangko Sentral ng Pilipinas (BSP) data showed, up 8.9 percent from P35.2 trillion a year earlier.
The six-month tally, which remains preliminary and does not include the central bank’s resources, is also higher than the full-year result of P37.13 trillion last year, P34.17 trillion in 2024, P31.52 trillion in 2023 and P29.04 trillion in 2022.
Banks accounted for the bulk at P31.96 trillion, up 9.9 percent from P29.06 trillion a year earlier.
Of this, universal and commercial banks accounted for P29.65 trillion, a 9.3-percent increase from P27.13 trillion.
Thrift banks followed with P1.51 trillion, up 11.3 percent from P1.36 trillion.
Digital banks’ total resources rose by 46.7 percent to P208.4 billion from P142.1 billion while rural and cooperative banks saw a 38.2-percent increase to P587 billion from P424.9 billion.
The resources of non-bank financial institutions, meanwhile, grew by 3.9 percent to P6.35 trillion from P6.11 trillion.
This sector includes BSP-supervised investment houses, financing firms, investment companies, securities dealers and brokers, pawnshops, lending investors, non-stock savings and loan associations, credit card companies, government non-bank financial institutions such as Philippine Guarantee Corp. and Small Business Corp. and foreign exchange corporations of authorized agent banks.
The data for non-bank financial institutions are as of end-December 2025, the BSP noted.
